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Prices for New Homes Continue to Drop as Existing Rises

Thread starter Hoca
Start date May 6, 2025

Hoca

Administrator

Staff member

May 6, 2025

The median price for a new single-family home sold in the first quarter of 2025 was $416,900, a mere $14,600 above the existing home sale price of $402,300, according to U.S. Census Bureau and National Association of Realtors data (not seasonally adjusted – NSA). Typically, new homes carry a price premium over existing homes. However,...

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